The Fed's Bow Out on State Marijuana legalization

This a real positive response for the Fed - apparently common sense intruded on bureaucratic rigidity.

The United States government took an historic step back from its long-runningdrug war on Thursday, when Attorney General Eric Holder informed the governors of Washington and Colorado that the Department of Justice would allow the states to create a regime that would regulate and implement the ballot initiatives that legalized the use of marijuana for adults.